The "psu" and "roomgear" networks will be retired June 30.
The festival will be relocated to the Porter North lot due to ongoing construction of Beaver Stadium.
A group of around 60 protested for an hour at the Allen Street Gates.
$2.5 million will go to Invent Penn State, while $500,000 will go to stadium renovations.
Thousands of West Penn Power customers in Centre County were without electricity on Sunday into Monday morning as heavy storms caused downed trees and power lines.
A committee is expected to make its recommendations to President Neeli Bendapudi by the end of the current spring semester for which of 12 campuses will close at the after the 2026-27 academic year.
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